LINTHE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LINTHE
Largest movements
- Cash -€15,094
down €15,094 (-58.1%), from €25,966 to €10,872
mainly Debts after one year (-€18,390) and Investment in fixed assets (net) (-€7,772)
- Tangible fixed assets +€7,209
up €7,209 (+2083.5%), from €346 to €7,555
of which Furniture and vehicles: +€7,208
- Receivables within one year +€4,946
up €4,946 (+406.7%), from €1,216 to €6,162
of which Trade receivables: +€2,563
- Debts after one year -€18,390
down €18,390 (-5.6%), from €328,225 to €309,835
- Other debts +€16,927
up €16,927 (+26.6%), from €63,684 to €80,611
- Write-downs -€9,984
down €9,984, from €4,992 to -€4,992
- Financial charges -€3,304
down €3,304 (-20.5%), from €16,090 to €12,786
- Gross operating margin +€2,288
up €2,288 (+46.9%), from €4,876 to €7,164
- Financial income +€908
new in 2025: €908
of which Financial income: +€908
- Other operating charges -€829
down €829 (-48.8%), from €1,700 to €871
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €462,528 | €459,589 | -€2,939 | -0.6% |
| Fixed assets | 21/28 | €435,346 | €442,555 | +€7,209 | +1.7% |
| Tangible fixed assets | 22/27 | €346 | €7,555 | +€7,209 | +2083.5% |
| Plant, machinery and equipment | 23 | €346 | €347 | +€1 | +0.2% |
| Furniture and vehicles | 24 | - | €7,208 | +€7,208 | |
| Financial fixed assets | 28 | €435,000 | €435,000 | = | 0.0% |
| Current assets | 29/58 | €27,182 | €17,034 | -€10,148 | -37.3% |
| Amounts receivable within one year | 40/41 | €1,216 | €6,162 | +€4,946 | +406.7% |
| Trade receivables | 40 | €1,067 | €3,630 | +€2,563 | +240.2% |
| Other amounts receivable | 41 | €149 | €2,532 | +€2,383 | +1599.2% |
| Cash at bank and in hand | 54/58 | €25,966 | €10,872 | -€15,094 | -58.1% |
| Total equity and liabilities | 10/49 | €462,528 | €459,589 | -€2,939 | -0.6% |
| Equity | 10/15 | €46,897 | €45,742 | -€1,155 | -2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,297 | €27,142 | -€1,155 | -4.1% |
| Distributable reserves | 133 | €28,297 | €27,142 | -€1,155 | -4.1% |
| Amounts payable | 17/49 | €415,631 | €413,847 | -€1,784 | -0.4% |
| Amounts payable after more than one year | 17 | €328,225 | €309,835 | -€18,390 | -5.6% |
| Financial debts | 170/4 | €328,225 | €309,835 | -€18,390 | -5.6% |
| Amounts payable within one year | 42/48 | €87,212 | €103,812 | +€16,600 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €18,040 | €18,365 | +€325 | +1.8% |
| Trade debts | 44 | €1,199 | €1,081 | -€118 | -9.8% |
| Suppliers | 440/4 | €1,199 | €1,081 | -€118 | -9.8% |
| Taxes, remuneration and social security | 45 | €4,289 | €3,755 | -€534 | -12.5% |
| Taxes | 450/3 | €4,289 | €3,755 | -€534 | -12.5% |
| Other amounts payable | 47/48 | €63,684 | €80,611 | +€16,927 | +26.6% |
| Accrued charges and deferred income | 492/3 | €194 | €200 | +€6 | +3.0% |
| Non-recurring operating income | 76A | - | €908 | +€908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €563 | +€530 | +1605.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,992 | -€4,992 | -€9,984 | |
| Other operating charges | 640/8 | €1,700 | €871 | -€829 | -48.8% |
| Gross operating margin | 9900 | €4,876 | €7,164 | +€2,288 | +46.9% |
| Operating profit (loss) | 9901 | -€1,849 | €10,722 | +€12,571 | |
| Financial income | 75/76B | - | €908 | +€908 | |
| Recurring financial income | 75 | - | €908 | +€908 | |
| Non-recurring financial income | 76B | - | €908 | +€908 | |
| Financial charges | 65/66B | €16,090 | €12,786 | -€3,304 | -20.5% |
| Recurring financial charges | 65 | €16,090 | €12,786 | -€3,304 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,939 | -€1,155 | +€16,784 | +93.6% |
| Profit (loss) for the period | 9904 | -€17,939 | -€1,155 | +€16,784 | +93.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,939 | -€1,155 | +€16,784 | +93.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.